General Investing >> Money Manager Interviews >> July 26, 2010

Long-term Investing In Stable, Growing Businesses – Robert E. Torray – Torray, Llc

Robert E. Torray founded Torray LLC in 1972. He manages the assets of The Torray Fund, The Torray Institutional Fund and Torray LLC's separate institutional account business. Mr. Torray has utilized a long-term, value-oriented investment strategy. Before 1972, he was a Vice President and Manager of the Pension Fund Management Division of Eastman, Dillon, Union Securities & Co. He is a former Director of Sub Sea International Corporation, The Liberty Bank of Oklahoma, Charter Federal Savings Bank, The U.S. Satellite Broadcasting Company, CarrAmerica Realty Corporation and LaBranche & Co Inc. Mr. Torray entered the investment management industry after graduating from Duke University in 1959. Profile
TWST: Would you just give us a brief overview of Torray LLC and tell us about how you invest and your investment philosophy?

Mr. Torray: I started the Company at the end of 1972 although I went into